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Dec 30, 2012
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s&p 500 which is a lot of people's 401(k)s is up more than 12% for 2012 and all of the nonsense in europe and the fiscal cliff, and the market is better than the long term average in 2012. i keep saying that if washington does not mess it up, 2013 could be a good year for america. >> you are absolutely right. so what we might find is that we might hit volatility in january and a rough month, but you know what, don't despair, because i think that as we move on, and listen, we will get through this and this is not the end of the world, b world, but the market will have to reprice the risk based on what they see. after that, then the market will start to make headway and we will see some turn around in china, right. seeing some turn around there already, and seeing the green shoots in the united states, but the only thing that we have to wor with ri about is europe and they are in recession and if they come out that is only going to add to the story. >> kenny, i love the optimism and you have seen many of these things come and go and it is useless and ridiculous to be in the position, but as
s&p 500 which is a lot of people's 401(k)s is up more than 12% for 2012 and all of the nonsense in europe and the fiscal cliff, and the market is better than the long term average in 2012. i keep saying that if washington does not mess it up, 2013 could be a good year for america. >> you are absolutely right. so what we might find is that we might hit volatility in january and a rough month, but you know what, don't despair, because i think that as we move on, and listen, we will get...
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Dec 27, 2012
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. >> number 4, europe. the european union was fractured by too much debt and the us a trty plans to fix it. that saga is far from over. >> number 3, the housing market finally bottomed out. the combination of low home prices and continued record low mortgage rates set off a building and buying spree. investors began buying entire neighborhoods but first-time buyers were also able to get a home of their own for the first time in years. as long as they had a hefty down payment. >> number 2. >> cnn projects that barack obama will be reelected president of the united states. >> the next. more than just about obama and romney. it was about socialism and capitali capitalism, about what kind of role government should have in your life. >> number 1 is the fiscal cliff. lawmakers saw it coming but didn't bother to pay any attention to it until after the election. had they put politics aside and dealt with it earlier, who knows how strong the u.s. economy would be right now. >> so those are the top 10 business storie
. >> number 4, europe. the european union was fractured by too much debt and the us a trty plans to fix it. that saga is far from over. >> number 3, the housing market finally bottomed out. the combination of low home prices and continued record low mortgage rates set off a building and buying spree. investors began buying entire neighborhoods but first-time buyers were also able to get a home of their own for the first time in years. as long as they had a hefty down payment....
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Dec 31, 2012
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europe has seen its own budget crisis over the past few years. are there any valuable take aways that lawmakers in the u.s. could use as guidance? >> i'm not sure. i thought very long and hard since i knew we were discussing this for parallels. and i think what you really come down to is that of compromise. and the ability to do a deal. when in the face of opposition, you just have to get something done because the ramifications are so serious if you don't. in the case of the eurozone, you had 27 countries and nobody could agree and you had different political philosoph s philosophies. that sounds similar to the fiscal cliff and certainly the eurozone pushed things to the absolute limit. almost to breaking point during the summer where again and again they would not agree until disaster was on their doorstep. that's the similarity to what we're seeing tonight. >> i know. we're hearing that negotiations are ongoing. they are continuing. there are a number of issues on both sides. ryan lizza following this. it appears as though obviously some eleme
europe has seen its own budget crisis over the past few years. are there any valuable take aways that lawmakers in the u.s. could use as guidance? >> i'm not sure. i thought very long and hard since i knew we were discussing this for parallels. and i think what you really come down to is that of compromise. and the ability to do a deal. when in the face of opposition, you just have to get something done because the ramifications are so serious if you don't. in the case of the eurozone,...
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Dec 10, 2012
12/12
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i was flying in europe on another airline, and the pilot, it was a really big plane that had extra seats in the cockpit, and before we took off one of the pilots came out and said come with me, and i went into the cockpit and they strapped me in and they took off and now they can tell everybody that we flew with murdoch. >> roger murdoch. i am an airline pilot. >> that actually happened. >> what is taller? you or the statue? >> the statue is taller and it's taller than every other statue. i am closest to the street so everybody sees my statue first. >> how tall? >> 17 feet. >> it's an acknowledgment of what i achieved. >> what prompted you to write a children's book? >> i had an issue with the fact that so many kids, especially inner city kids don't think they can be a success unless they are involved in sports or entertainment. you take a young man growing up in harlem or the south side of chicago or here in atlanta and he wants to be jay-z, and he wants to be lebron james or denzel washington and he doesn't really see how wide the world is in terms of where he could be successful. i wo
i was flying in europe on another airline, and the pilot, it was a really big plane that had extra seats in the cockpit, and before we took off one of the pilots came out and said come with me, and i went into the cockpit and they strapped me in and they took off and now they can tell everybody that we flew with murdoch. >> roger murdoch. i am an airline pilot. >> that actually happened. >> what is taller? you or the statue? >> the statue is taller and it's taller than...
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Dec 24, 2012
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. >>> it's kind of a blue christmas across much of europe. we are talking about the government's cut back on spending. instead of helping, we'll tell you how it actually spread the recession there. are everything. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10 devices with unlimited talk and text. hurry in for a droid incredible 4g lte by htc for $49.99. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. >> i'm saying to all of my family in trenton, njdz, i miss you all and love you all. if you missed, it's your fall. should have watched it. bye-bye. >> thank you
. >>> it's kind of a blue christmas across much of europe. we are talking about the government's cut back on spending. instead of helping, we'll tell you how it actually spread the recession there. are everything. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10 devices with unlimited talk and text. hurry in for a droid incredible 4g lte by htc for $49.99. time for citi price rewind....
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Dec 31, 2012
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austerity in europe is something elsewhere because of the euro situation you have to cut people's wages to make those countries competitive again. that's a completely different issue, austerity in terms of reversing the tremendous increase we've had in government spending over the last four years, we've gone from 2.9 trillion to 3.8 trillion in spending, 30 odd% increase in four years. and there's no trend or motivation so far to reverse that or normalize that. so again, austerity for the public sector is stimulus for the private sector. >> all right. thank you very much, sean. happy new year to you as well. >> you too, don. >>> a mom and her kids reunited after they had been missing for nearly a week, thanks to a cnn viewer. thanks to you. hear their story next. initiated. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. constipated? yeah. mm. some laxatives like dulcolax can cause cramps. but phillips' caplets don'
austerity in europe is something elsewhere because of the euro situation you have to cut people's wages to make those countries competitive again. that's a completely different issue, austerity in terms of reversing the tremendous increase we've had in government spending over the last four years, we've gone from 2.9 trillion to 3.8 trillion in spending, 30 odd% increase in four years. and there's no trend or motivation so far to reverse that or normalize that. so again, austerity for the...
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Dec 5, 2012
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europe is going to be in the dulldrums for quite some time and i think what all of you recognize and many of you have told me is that everybody is looking to america. because they understand that if we're able to put forward a long-term agenda for growth and prosperity that's broad-based here in the united states, then confidence will not just increase here in the united states, it will increase globally and we can get the kind of virtuous cycle that we all want to see. what is holding us back right now, ironically, is a lot of stuff that's going on in this town and i know that many of you have come down here to try to see, is there a way that we can break through the log jam and go ahead and get things done. and i'm here to tell you that nobody wants to get this done more than me. i know that you've got a lot of briefings but let me just try to describe where the situation is right now with respect to our fiscal situation, both what the opportunities are but what also the challenges are. i campaigned over the last year on the idea that we need to make sure that this economy is growi
europe is going to be in the dulldrums for quite some time and i think what all of you recognize and many of you have told me is that everybody is looking to america. because they understand that if we're able to put forward a long-term agenda for growth and prosperity that's broad-based here in the united states, then confidence will not just increase here in the united states, it will increase globally and we can get the kind of virtuous cycle that we all want to see. what is holding us back...
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Dec 7, 2012
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to work in transport sector -- and it's very, very important for europe, also for our investment. >> the e.u. hopes that the space sector will account for 20% of its gdp by the year 2020. the u.k. space agency has been $2 billion for the european space agency programs. the space agency already contributes 9.1 billion or $14 billion to the u.k. economy. for europe investing in space is investing in the future. >>> medical marijuana is already legal in several states in the united states. now, voters in washington state and colorado have ok'd the recreational use richard branson says yes. >> simply proposed with the harder drugs is do what portugal has done and that is, you know, let the state set up clinics throughout america that if you have a drug problem, you go to that clinic. give them the methodone until they're ready to come off, and when they're ready, you use a drug clinic that costs one-third of the price of a prison medical record to get them back into society. >> go to cnn.com to read sir branson's opinion piece about ending the war on drugs. sxwlirchlgts how nasa is prote
to work in transport sector -- and it's very, very important for europe, also for our investment. >> the e.u. hopes that the space sector will account for 20% of its gdp by the year 2020. the u.k. space agency has been $2 billion for the european space agency programs. the space agency already contributes 9.1 billion or $14 billion to the u.k. economy. for europe investing in space is investing in the future. >>> medical marijuana is already legal in several states in the united...
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Dec 31, 2012
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austerity in europe is something elsewhere because of the euro situation you have to cut people's wages to make those countries competitive again. that's a completely different issue, austerity in terms of reversing the tremendous increase we've had in government spending over the last four years, we've gone from 2.9 trillion to 3.8 trillion in 30-odd percent increase in four years. and there's no trend or motivation so far to reverse that or normalize that. so again, austerity for the public sector is stimulus for the private sector. >> all right. thank you very much, sean. happy new year to you as well. >> you too, don. >>> a mom and her kids reunited after they had been missing for nearly a week, thanks to a cnn viewer. thanks to you. hear their story next. him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from h
austerity in europe is something elsewhere because of the euro situation you have to cut people's wages to make those countries competitive again. that's a completely different issue, austerity in terms of reversing the tremendous increase we've had in government spending over the last four years, we've gone from 2.9 trillion to 3.8 trillion in 30-odd percent increase in four years. and there's no trend or motivation so far to reverse that or normalize that. so again, austerity for the public...
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Dec 31, 2012
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austerity in europe is something elsewhere, because of the euro situation, you have to cut people's wages, to make those countries competitive again. that's a completely different issue. austerity in terms of reversing this tremendous increase we've had in government spending over the last four years, we've gone from 2.9 trillion to 3.8 trillion in spending, a 30 odd percent increase in four years. and there's no trend or motivation so far to reverse that or normalize that. so again, austerity for the public sector is stimulus for the private sector. >> all right. shawn tully, thank you very much. >> happy new year, don. >> you too as well. >> thank you, don. >>> a mom and her kids reunited after they had been missing for nearly a week, thanks to a cnn viewer. thanks to you. hear their story next. hes, fev. and i relieve nasal congestion. overachiever. [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal congestion. nyquil® cold and flu doesn't. >>> it unfolded right here on cnn cnn. teresa nash came on our show making a desperate plea for help to find her two missi
austerity in europe is something elsewhere, because of the euro situation, you have to cut people's wages, to make those countries competitive again. that's a completely different issue. austerity in terms of reversing this tremendous increase we've had in government spending over the last four years, we've gone from 2.9 trillion to 3.8 trillion in spending, a 30 odd percent increase in four years. and there's no trend or motivation so far to reverse that or normalize that. so again, austerity...
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Dec 23, 2012
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. >> even, you know, europe has received -- because of the hardships, europeans have had their share of hardships, but they're still trying to do something they can do. >> exactly. the jobless rate in spain, don, this year topped 25%, so many people are still struggling. that being said, though, spirits will -- were lifted, and many people had a reason to line their pockets. the lottery, it's the largest lottery in spain, and it's literally translates to the big fat one, elgordo, and spain paid out $2.2 billion to thousands of winners, and you have young children who read out the numbers, which we saw on the video before, and it's really - read out the numbers and it lifts a lot of spirits especially in a time where they have been hit with economic hardship. >> maybe that would help. >> winning the lottery. >> i watched "miracle on 34th street" except i don't like the colorized version. i like the black and white. bah humbug. don scrooge. sorry. maybe when dsanta comes i'll fel better. >>> a year ago he blew out a knee and his career was in jeopardy. now he's chasing an nfl record an
. >> even, you know, europe has received -- because of the hardships, europeans have had their share of hardships, but they're still trying to do something they can do. >> exactly. the jobless rate in spain, don, this year topped 25%, so many people are still struggling. that being said, though, spirits will -- were lifted, and many people had a reason to line their pockets. the lottery, it's the largest lottery in spain, and it's literally translates to the big fat one, elgordo,...
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Dec 23, 2012
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as you know, senator inouyer is informed europe, where he was wounded and obviously, his amazing story of bravery during world war ii happened but he is being interred here at the punch bowl. senate majority leader harry reid is here, eulogized senator inouye and senator daniel acaca. it is fascinating, president obama is at thor is is mony watching this happen, just a reminder of just how long serving representing hawaii daniel inouye did, he represented hawaii from 1959, from before president obama was even born. he has been a main stay here in hawaiian politics and? a very significant moment for this state. >> also amazing that this guy served in world war two while members of his family were interred back in the u.s. an absolute hero. brianna, thank you very much. >>> no matter how the fiscal cliff negotiations play out, the wealthy will probably see their taxes go up, but congress can't seem to agree on hot wealthy is or are. even if they figure that out, there's also disagreement about how their taxes should go up. cnn's lisa sylvester sat down with a megamillionaire who says he
as you know, senator inouyer is informed europe, where he was wounded and obviously, his amazing story of bravery during world war ii happened but he is being interred here at the punch bowl. senate majority leader harry reid is here, eulogized senator inouye and senator daniel acaca. it is fascinating, president obama is at thor is is mony watching this happen, just a reminder of just how long serving representing hawaii daniel inouye did, he represented hawaii from 1959, from before president...
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Dec 4, 2012
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it's not just europe and canada, but turkey is a long-standing member of nato. and turkey/syrian relationings have gone down over time. you can imagine a situation where the assad government picks a fight to widen the conflict. i don't know why they would do that but maybe they've come up with a theory that gives them a better shot at survival. maybe there's an intervention that freezes the regime in its current state. but dying regime with their back against the wall, those are unpredictable and dangerous regimes. i think all options are possible. i don't mean options on the table, but i mean there are a lot of different scene ae aeros could go baedly. it's more dangerous than the iranian situation right now. >> not good to hear. jim walsh, thank you for touching on all three of those top news stories for us. appreciate your insight this afternoon. we should add to the story as well that nato secretary-general says that the defensive missiles could be in place on the turk yishg syrian border in just weeks. in the meantime, the news out of syria from the opposit
it's not just europe and canada, but turkey is a long-standing member of nato. and turkey/syrian relationings have gone down over time. you can imagine a situation where the assad government picks a fight to widen the conflict. i don't know why they would do that but maybe they've come up with a theory that gives them a better shot at survival. maybe there's an intervention that freezes the regime in its current state. but dying regime with their back against the wall, those are unpredictable...
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Dec 28, 2012
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. >>> this is the most-watched singing contest in europe. it's got the glitz, the glamour, but -- >> it costs to perform, and it costs to stage it. and what do you get back? bluntly, you get a bunch of hoopla and a few pom-poms. >> wow. what some european countries on the verge of bankruptcy, many feel participating in the contest, well, strikes the wrong chord. through diet and exercise, alli can help you lose one more by blocking some of the fat you eat. let's fight fat with alli. ♪ i get congested. but now, with zyrtec-d®, i have the proven allergy relief of zyrtec®, plus a powerful decongestant. zyrtec-d® lets me breath freer, so i can love the air. [ male announcer ] zyrtec-d®. behind the pharmacy counter. no prescription needed. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your
. >>> this is the most-watched singing contest in europe. it's got the glitz, the glamour, but -- >> it costs to perform, and it costs to stage it. and what do you get back? bluntly, you get a bunch of hoopla and a few pom-poms. >> wow. what some european countries on the verge of bankruptcy, many feel participating in the contest, well, strikes the wrong chord. through diet and exercise, alli can help you lose one more by blocking some of the fat you eat. let's fight fat...
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Dec 31, 2012
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geithner even came over to europe to try and sort of chimy them along he was so woerried. i don't think the fiscal cliff is quite as dramatic and dreadful as if there was a greek exit for all of the euro zone collapsed. that would have been far worse, but this drip you're talking about it hour after hour. this drip, drip, drip effect is corrosive to investor confidence and consumer confidence because ultimately it will slow down economics on both sides of the atlantic. that is not an opinion. that is a fact. >> all right. richard quest, thank you. we're going to be watching that drip, drip, drip all day. hopefully we can turn off the faucet and it won't happen. thanks. >>> it's the oldest bible known to humankind. we're getting an up-close look at the secrets of the dead sea scrolls. th the adt new year's s. help protect your family with the advanced technology of adt starting at just $99 -- a savings of $300 plus 15% off accessories. but you must call before midnight january 2nd. more than a security system, adt can help let your family in from the cold even when you're a
geithner even came over to europe to try and sort of chimy them along he was so woerried. i don't think the fiscal cliff is quite as dramatic and dreadful as if there was a greek exit for all of the euro zone collapsed. that would have been far worse, but this drip you're talking about it hour after hour. this drip, drip, drip effect is corrosive to investor confidence and consumer confidence because ultimately it will slow down economics on both sides of the atlantic. that is not an opinion....
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Dec 29, 2012
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that's doing quite badly in a world, martin, where china is doing not as well, brazil isn't, india, europe's at a standstill. we can't afford this. it's that intangible that's more serious than how much you pay in taxes in 2013. >> before you go, how do you think the markets refact there's a stopgap measure? are they going to fear that more than if there was a permanent deal? >> markets hate uncertainty. that's the one thing. if we've got a stopgap measure, do we have a sense of when it will be resolved? some say go over the cliff, let's see what that looks like. i'd bo worried about that. we had a drop-off in the market on friday and that's about investors being uncertain about monday morning. i'll keep my eyes close to the markets on sunday night when asian markets open and monday when we have a shortened trading day. if washington doesn't get its act together, the investors may send a strong message to washington to do something. >> ali velshi, thank you. >>> you can learn more about the fiscal cliff and other issues that are affecting your money at 1:00. ali velshi will be back with a li
that's doing quite badly in a world, martin, where china is doing not as well, brazil isn't, india, europe's at a standstill. we can't afford this. it's that intangible that's more serious than how much you pay in taxes in 2013. >> before you go, how do you think the markets refact there's a stopgap measure? are they going to fear that more than if there was a permanent deal? >> markets hate uncertainty. that's the one thing. if we've got a stopgap measure, do we have a sense of...
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Dec 11, 2012
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law because headquarters here in europe couldn't keep control of it? that's one of the questions. the other one is, were they aggressively trying to build their business so much in the u.s. that they closed they're eyes to what was going on? that's why they're all facing fines, i think. >> thank you. >>> traditional ethiopian music meeting jazz rhythms. an artist who never touched an instrument until ten years ago. now changing the face of ethiopian music. when we got married. i had three kids. and she became the full time mother of three. it was soccer, and ballet, and cheerleading, and baseball. those years were crazy. so, as we go into this next phase, you know, a big part of it for us is that there isn't anything on the schedule. ♪ hark how the bells, sweet silver bells ♪ ♪ all seem to say throw care away ♪ ♪ from everywhere, filling the air ♪ [ female announcer ] chex party mix. easy 15-minute homemade recipes you just pop in a microwave. like caramel chocolate drizzles. happier holidays. chex party mix. this is another! ta-daa! try charmin ultra strong. it cleans
law because headquarters here in europe couldn't keep control of it? that's one of the questions. the other one is, were they aggressively trying to build their business so much in the u.s. that they closed they're eyes to what was going on? that's why they're all facing fines, i think. >> thank you. >>> traditional ethiopian music meeting jazz rhythms. an artist who never touched an instrument until ten years ago. now changing the face of ethiopian music. when we got married. i...
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Dec 13, 2012
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. >> what happens in italy affects all of europe and the rest of the world. one of the italian leaders is stepping down and the other one planning a controversial comeback causing shock waves across europe. . fortunately we've got ink. . it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. [ sniffs ] i took dayquil but my nose is still runny. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ breathes deeply ] awesome. [ male announcer ] yes, it is. that's the cold truth! >>> the cot come back is attracting attention. sylvia bers cone any is going to run again. ben weedman the thought of the return to berlusconi is rattling some folks' nerves. >> reporter: he's back. he says he's run for the premiership for the sixty time in 20 years. a year after
. >> what happens in italy affects all of europe and the rest of the world. one of the italian leaders is stepping down and the other one planning a controversial comeback causing shock waves across europe. . fortunately we've got ink. . it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. [...
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Dec 11, 2012
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and europe in terms of global power by the year 2030. china is set to lead that charge according to a report from the national intelligence counsel. that news from a report prepared every four years. this is by 17 different american intelligence agencies. the report says within 17 years you'll see asia surpassing both north america and europe in terms of gdp, population size, military spending, and technological investment. china in particular will be the largest economy in the world and for the first time ever the majority of the planet's inhabitants will not be living in poverty. the report also says-like to india which will mimic the growth that we're seeing in china today. so it could mean more global competition for america but doesn't necessarily mean an america in decline. if we play our cards right, we'll see an economic renaissance in this country, regardless. from the cnn money newsroom in new york, i'm ali velshi. i'm out. same time tomorrow. to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-25
and europe in terms of global power by the year 2030. china is set to lead that charge according to a report from the national intelligence counsel. that news from a report prepared every four years. this is by 17 different american intelligence agencies. the report says within 17 years you'll see asia surpassing both north america and europe in terms of gdp, population size, military spending, and technological investment. china in particular will be the largest economy in the world and for...
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Dec 5, 2012
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., australia, and europe say this plan could kill any chance of a two-state solution. our frederick plankin actually visited the construction zone. >> reporter: these barren hills outside jerusalem are the center of the international uproar. the area is called e1 in the west bank where israel says it's planning to construct a settlement neighborhood. the land is already developed with power lines, roads, and a functioning police station. a few miles away in the palestinian town people say the new settlement construction would be catastrophic. this taxi driver believes it would make it almost impossible for him to get to many towns in the west bank. if they build this settlement and close off our roads, it will mean that my trip from hebron to jericho will take between five hours and a whole day, he says. the construction here would essentially be an expansion of one of the largest israeli settlements in the west bank. israel announced the construction of some 3,000 homes in the west bank and east jerusalem as a punitive measure after palestinians won a bid for upgraded
., australia, and europe say this plan could kill any chance of a two-state solution. our frederick plankin actually visited the construction zone. >> reporter: these barren hills outside jerusalem are the center of the international uproar. the area is called e1 in the west bank where israel says it's planning to construct a settlement neighborhood. the land is already developed with power lines, roads, and a functioning police station. a few miles away in the palestinian town people say...
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Dec 3, 2012
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a third will be europe and russia and africa. and about a third of the market will be asia pacific. and in china's case, to your point, china now has replaced the united states as the largest auto market. the chinese veitremendous respe for history. they know about henry ford and lincoln. so we'll be bringing the first lincoln vehicles to china in 2014. >> alan mulally, ford president and ceo. thank you for coming on. we appreciate it. >> thank you. >>> now this. an infant left without her parents after an nfl player just snaps. and now as a city mourns, sportscaster bob costas goes off on gun control. i'm brooke baldwin. the news is now. >>> if syria's chemical weapons are on the move, who's watching them? and where do they end up? >>> plus, as eight more people die in chicago -- >> we walk through a front door that was wide open. you can see the equipment is here. this was defunded by the program because they couldn't figure out what they had done with the money. >> -- cnn investigates the program getting cash to stop the violence. >>> and he's on the run. but john mcafee talks to
a third will be europe and russia and africa. and about a third of the market will be asia pacific. and in china's case, to your point, china now has replaced the united states as the largest auto market. the chinese veitremendous respe for history. they know about henry ford and lincoln. so we'll be bringing the first lincoln vehicles to china in 2014. >> alan mulally, ford president and ceo. thank you for coming on. we appreciate it. >> thank you. >>> now this. an infant...
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. >> number four, europe. the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over.er t market. low price bottomed out set off a building and buying spree. they ended up buying entire neighborhoods but first-time buyers were able to get a home for the first time in years as long as they had a hefty down payment. >> number two. >> cnn predicts president obama will be elected president of the united states sniet was more about socialism and capitalism, spending and cutting, about what kind of role government should have in your life. >> number one is the fiscal cliff. lawmakers saw it coming but didn't bother to pay any attention to coming and didn't bother to pay any attention until after the election. had they dealt with it earlier, who knows how strong the u.s. economy would be right now. tyeah, its the galaxy note ii.re great. you can do two things at the same time. you can watch videos and text. or you could watch the earnings report and take notes, lik
. >> number four, europe. the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over.er t market. low price bottomed out set off a building and buying spree. they ended up buying entire neighborhoods but first-time buyers were able to get a home for the first time in years as long as they had a hefty down payment. >> number two. >> cnn predicts president obama will be elected president of the united states sniet was more...
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., europe, and the arab world tell cnn there's no indication assad is ready to leave syria. >> is he the kind of person that would take asylum or will he go down fighting? >> i think there's a real chance that he will huddle along with his sect. the question is whether his sect will want them to huddle with them or not. he has been a failure as a president. he is a very irradic personality. >> andrew has met al assad several times and has worked with his wife. the sect he is talking about are an off chute of shia islam, that dominate syrian politics. if assad does leave, could he be investigated, eventually captured on war crimes charges? >> ecuador, venezuela, cuba, are countries where he could feel safe for the time being, but he has to be concerned about a shift in the winds and any of those governments as well. certainly no one expects the regime in those three states to continue indefinitely. >> they are more sympathetic to ass assad, but there's another ally even closer. >> couldn't he just go to iran? isn't that more feasible? >> it's easier for him to go to iran. it's a short
., europe, and the arab world tell cnn there's no indication assad is ready to leave syria. >> is he the kind of person that would take asylum or will he go down fighting? >> i think there's a real chance that he will huddle along with his sect. the question is whether his sect will want them to huddle with them or not. he has been a failure as a president. he is a very irradic personality. >> andrew has met al assad several times and has worked with his wife. the sect he is...
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a return of political instability there reminds us that europe still faces a lot of hurdles before it comes out of its economic crisis. countries like greece, spain and italy have been tackling their problems with sharp cuts in spending and higher taxes and that's been fueling recession and unrest. meanwhile, we now know that japan officially slipped into its own recession over the summer with the japanese economy contracting 3.5% between july and september. now, the previous quarter, the previous three months number was also revised lower and that makes for two consecutive quarters of negative growth and that's the classic definition of a recession. from asia, back to america, literally, a group of chinese investors agreed today to buy an 80% stake in aig's aircraft leasing business. back in 2008, the insurance giant was bailed out by the u.s. government to the tune of $180 billion. four years on, still paying back the money by selling off assets including the aircraft leasing unit that complemented aig's airplane insurance business. if u.s. regulators apro s appro deal, it will be o
a return of political instability there reminds us that europe still faces a lot of hurdles before it comes out of its economic crisis. countries like greece, spain and italy have been tackling their problems with sharp cuts in spending and higher taxes and that's been fueling recession and unrest. meanwhile, we now know that japan officially slipped into its own recession over the summer with the japanese economy contracting 3.5% between july and september. now, the previous quarter, the...
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they say the group has turned europe from a continent of war to a continent of peace in the six decades following world war ii. not everyone thinks the award is justified. there are some critics that are angry about how the eu handle the crisis. italy markets plunged at news that the italian prime minister plans to step down later this month. he's going to wait until the national budget is passed, but investors are concerned about how it might affect the country's high levels of the debt. it means the former prime minister that led office after corruption allegations could make a comeback. >>> i want to get a look at stocks right here, how they are doing. up 33 points. looking at the dow jones, pretty good read so far. tdd#: 1-800-345-2550 when i'm trading, i'm so into it, tdd#: 1-800-345-2550 hours can go by before i realize tdd#: 1-800-345-2550 that i haven't even looked away from my screen. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that kind of focus... tdd#: 1-800-345-2550 that's what i have when i trade. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading pla
they say the group has turned europe from a continent of war to a continent of peace in the six decades following world war ii. not everyone thinks the award is justified. there are some critics that are angry about how the eu handle the crisis. italy markets plunged at news that the italian prime minister plans to step down later this month. he's going to wait until the national budget is passed, but investors are concerned about how it might affect the country's high levels of the debt. it...
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that were probably from one of two sources, either an agent working behind enemy lines inside occupied europe. >> reporter: or from front line forces. even bomber crews carried pigeons. this museum curator tells this story about one avian hero, royal blue. >> he was on a bomber, went down in holland, and he flew from holland about four hours back to england, and they sent the plane out and picked the full crew up. >> there were a quarter of a million pigeons enlisted in the second world war, all of them played a part in the war and they saved many lives and some heroic acts. it is a story that should be told and it needs to be shouted. >> reporter: they didn't just carry messages, but film too. utterly indispensable, a vital part of the allied war machine. >> all the details for the first four days were brought back with the pigeons. >> reporter: almost all messages were coded. this message, 27 blocks of letters, may now be offering up some of its secrets. canadian researchers say it was sent by a soldier, dropped behind enemy lines. a sergeant using a world war i code book reporting on germa
that were probably from one of two sources, either an agent working behind enemy lines inside occupied europe. >> reporter: or from front line forces. even bomber crews carried pigeons. this museum curator tells this story about one avian hero, royal blue. >> he was on a bomber, went down in holland, and he flew from holland about four hours back to england, and they sent the plane out and picked the full crew up. >> there were a quarter of a million pigeons enlisted in the...
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the dow above 13,000, don, when we're worried about the fiscal cliff, worried about europe and worry about the slow healing in the american economy. investors, at least for today, are pleased that this data are showing, continuing to show that the american economy the recovery is moving, is moving ahead. 146,000 jobs created in the month. that was twice what a survey of economists for cnn money had expected. twice what they expected. why the discrepancy? most economists were expecting hurricane sandy to maybe hold back these numbers. and it just didn't. there are also a lot of revisions. you know, one thing that's interesting about this is we still need to see superstorm sandy impact, maybe it will show up next month. who knows. presidential election is over. the federal reserve, by the way, will be watching to see what the fed does in terms of monetary policy. we know it will keep interest rates very low. will they have any stimulus up their sleeve? all of this are things we're still looking forward to. fiscal cliff still hanging over us. markets, at least, are telling us that we th
the dow above 13,000, don, when we're worried about the fiscal cliff, worried about europe and worry about the slow healing in the american economy. investors, at least for today, are pleased that this data are showing, continuing to show that the american economy the recovery is moving, is moving ahead. 146,000 jobs created in the month. that was twice what a survey of economists for cnn money had expected. twice what they expected. why the discrepancy? most economists were expecting hurricane...
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. >> europe's biggest bank, you heard about this, hsbc agreed to pony up close to $2 billion to settle accusations of money laundering. the senate banking committee they found that hsbc in mexico shipped $7 billion in cash, mind you, across the border, maybe turned a blind eye to where the money came from, want you to listen to neil barofsky, we had him on the show yesterday, and i asked him whether top bank officials knew they were handling drug money there. >> the notion that this wasn't something that was known on senior levels of the banks, at least they had plenty of reason to suspect that this was ongoing and, look, i think somebody described it as the biggest slap on the wrist in the history of banking fines. >> stuart gulliver receiving the big wrist slap in terms of bank fines. told me 2 billion bucks, that was chump change and it shows that crime pays. what do you think? >> i think any big bank, anybody in charge of the bank, bears responsibility for the conduct of the bank. hsbc is a famously tightly run bank. obviously the people at the top had to know something was amiss.
. >> europe's biggest bank, you heard about this, hsbc agreed to pony up close to $2 billion to settle accusations of money laundering. the senate banking committee they found that hsbc in mexico shipped $7 billion in cash, mind you, across the border, maybe turned a blind eye to where the money came from, want you to listen to neil barofsky, we had him on the show yesterday, and i asked him whether top bank officials knew they were handling drug money there. >> the notion that this...
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we've seen the spread of democracy from central europe to southeast asia and from latin america to the middle east. hundreds of millions of people have been lifted out of poverty in places like china, india, and just about every other corner of the globe. technic technolo technological advances have transformed almost every aspect of our lives. when i started in the senate, a blackberry was a fruit. >> that was kind of funny. that shows how long it has been, dana. i know you covering the hill, the white house for many years. you can't do that without really having a lot of conversation and time with joe bieberman. i remember covering the al gore/lieberman race when he lost in 2000 or so. what do you think he's going to be known for? what is going to stand out, his mark on his 24 years? >> reporter: i think there's no question his mark is how unconventional he has been and particularly the way he has straddled both parties. he's now officially independent, as you mentioned. he was a democrat, a life-long democrat so much so he was chosen by al gore to be the democratic party's vice pres
we've seen the spread of democracy from central europe to southeast asia and from latin america to the middle east. hundreds of millions of people have been lifted out of poverty in places like china, india, and just about every other corner of the globe. technic technolo technological advances have transformed almost every aspect of our lives. when i started in the senate, a blackberry was a fruit. >> that was kind of funny. that shows how long it has been, dana. i know you covering the...
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but more importantly, i think particularly in europe, where they are being forced, many countries, to tighten a lot -- to have a lot of tax increases and spending cuts, a lot of austerity. the u.s. was seen as the kind of great hope for growth in the advanced world and in the rich world. so if the u.s. has its own excessive austerity in the short term, that -- that's a real problem for a world economy growing too slowly. >> there's so much on the table right now. must everything be done at once? or -- you say -- it seems they're taking steps too small. there is no overall tax reform. there is no agreement on the debt limit. how does that -- how does that play out? is it better to have more all at once or to take baby steps? >> interesting. the most important thing is to avoid doing absolutely nothing. because that's what gets you the kind of massive tax cuts -- tax increases and spending cuts. you don't want stalemate. but in terms of the deal itself, there is a paradox. what you might call a minimalist deal. for example, an agreement only to extend tax cuts for the middle class. that
but more importantly, i think particularly in europe, where they are being forced, many countries, to tighten a lot -- to have a lot of tax increases and spending cuts, a lot of austerity. the u.s. was seen as the kind of great hope for growth in the advanced world and in the rich world. so if the u.s. has its own excessive austerity in the short term, that -- that's a real problem for a world economy growing too slowly. >> there's so much on the table right now. must everything be done...
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when he left europe, people were not quite sure he would get up all the energy in the united states. there were less than 12 teams. now there is almost double that. what is his legacy here in the united states when it comes to soccer? >> reporter: part of it is just what you said, deb, that there are now more teams, also, soccer was sort of -- well, in the back waters sort of. the games were being played in the nfl, football, stadiums, if you look behind me the home depot center, it is a soccer only stadium, very intimate, great setting. now, there were only four stadiums in the mls that were soccer only. beckham leaves? and that number will soon swell to 15. so that is considered to be a remarkable achievement by beckham, or at least it happened during his era, granted people are saying soccer would naturally grow in the u.s. anyway. >> just say hello for me, he doesn't know who i am. >> reporter: i promise. >> okay, it is a mission, go ahead, go. >>> well, a guy walks into a maryland store for a powerball ticket, but instead of tossing it in the trash like most people who played th
when he left europe, people were not quite sure he would get up all the energy in the united states. there were less than 12 teams. now there is almost double that. what is his legacy here in the united states when it comes to soccer? >> reporter: part of it is just what you said, deb, that there are now more teams, also, soccer was sort of -- well, in the back waters sort of. the games were being played in the nfl, football, stadiums, if you look behind me the home depot center, it is a...